区域创业资本与经济增长关系——基于中部地区面板数据的研究

Regional Entrepreneurial Capital and Economy Growth:Based on Panel Data of Central China

将区域创业资本作为新的经济增长要素纳入到经济增长模型,运用CPEA指数测度创业资本在中部地区各省的分布,并对1999—2011年中部地区省级面板数据进行回归分析,探讨中部地区区域创业资本与经济增长的关系。研究发现:创业资本在中部地区的分布处在较低水平,各省创业资本呈现不平衡性;虽然中部地区经济增长仍主要依靠实物资本和劳动数量的增加,中部地区的创业资本对中部地区经济增长的拉动较弱,还不足以支撑"创业型经济"模式,但创业资本已显著地影响中部地区经济增长;就各省情况而言,中部地区除山西与湖南外,其它各省创业资本与经济增长关系显著,且创业资本存量高的省份创业资本对经济增长的影响程度高。

This paper introduces entrepreneurial capital as a factor to economy growth model, and uses CPEA index to measure the distribution of entrepreneurial capital in the 6 provinces of Central China （six provinces of Shanxi, Henan, Anhui, Hubei, Hunan and Jiangxi）. Based on panel data of 1999-2011 in this region, this paper empirically studies the relation between entrepreneurial capital and economy development. The results show that： in Central China, entrepreneurial capital stays at a low level, and the distribution is unbalanced among different provinces; Though the economy growth in this region is mainly pushed by inputs of material capital and human capital, and entrepreneurial capital shows weak strength in stimulating economy growth, the coefficient is significantly positive in influencing Central China＇ s economy growth; As for the 6 provinces, the relations of entrepreneurial capital and economic growth are significant except for Shanxi and Hunan, and high entrepreneurial capital deposits always lead to high influence of entrepreneurial capital on economic growth.